198,940 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 198,940 shares of the exchange traded fund’s stock, valued at approximately $101,704,000. Invesco QQQ comprises approximately 3.1% of SBI Securities Co. Ltd.’s portfolio, making the stock its 6th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp grew its position in shares of Invesco QQQ by 76.9% in the 4th quarter. Jones Financial Companies Lllp now owns 168,892 shares of the exchange traded fund’s stock valued at $86,342,000 after buying an additional 73,408 shares during the last quarter. Modera Wealth Management LLC grew its position in shares of Invesco QQQ by 7.7% in the 4th quarter. Modera Wealth Management LLC now owns 13,253 shares of the exchange traded fund’s stock valued at $6,775,000 after buying an additional 946 shares during the last quarter. SRS Capital Advisors Inc. grew its position in shares of Invesco QQQ by 5.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 75,380 shares of the exchange traded fund’s stock valued at $38,536,000 after buying an additional 4,017 shares during the last quarter. Halbert Hargrove Global Advisors LLC grew its position in shares of Invesco QQQ by 18.1% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 2,459 shares of the exchange traded fund’s stock valued at $1,257,000 after buying an additional 376 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Invesco QQQ by 3.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,877 shares of the exchange traded fund’s stock valued at $968,000 after buying an additional 58 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.6 %

NASDAQ QQQ opened at $508.30 on Friday. The business’s 50-day moving average price is $522.05 and its two-hundred day moving average price is $503.28. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The firm has a market capitalization of $320.36 billion, a PE ratio of 33.43 and a beta of 1.11.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco QQQ

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.